Countries - page 17

Nordic Science Investments launches university-focused €60M fund

Finland’s Nordic Science Investments (NSI) has announced the first closing round for its €60 million fund. The fund will be used to provide growth capital and support to the deeptech spin-out startups from universities across the Nordics. Nordic universities constantly

Lithuanian unicorn Vinted acquires Trendsales, a Danish second-hand marketplace

Vilnius-based C2C marketplace for second-hand goods Vinted has acquired the Danish marketplace Trendsales to expand its presence in the Nordic region. The deal amount is undisclosed. The Danish appetite for second-hand clothing continues to grow, and Trendsales has played a

Startup of the Day: 1.security, a Polish cybertech startup

Launched by Adam Żaczek and Mateusz Olek, 1.security offers a SaaS product that addresses the challenges in permission management. The product was developed in partnership with German cybersecurity firm CISOCON. 1.security claims it is committed to democratizing cybersecurity within the Microsoft 365 ecosystem, making it intuitive

Estonian CognitiweAI OÜ secures $1.05M to expand its retail solutions

The Tallinn-based CognitiweAI OÜ has secured $1.05 million funding round led by TechOne VC, Eleven Ventures, Flat6Labs, Domino VC, and Caucasus VC. The investment will accelerate the global expansion of its AI-driven retail solutions. Throughout our journey, while perfecting our product, we have also focused

EIC Accelerator invests €285M in deeptech startups — several are from CEE

European Innovation Council has selected 42 companies to receive funding following the final 2023 EIC Accelerator cut-off in November. Among selected startups are Bulgarian Smart Farm Robotix, Finnish IQM Finland, Slovakian Powerful medical, and more. About the fresh EIC Accelerator program 242

Grammarly co-founders’ net worth drops to $1.9B — Forbes

Forbes has updated the net worth of Grammarly co-founders Oleksiy Shevchenko and Maksym Lytvyn. According to Real Time Billionaires, their shares in the company have fallen by nearly 14%, and each now owns $1.9 billion in assets. Grammarly was founded

Ukrainian startup Awesomic opens a new office in San Francisco

Ukrainian startup Awesomic, creating a platform for hiring designers, has opened its first office in the USA. Now, in addition to Kyiv, the workspace will be in San Francisco, California. The company’s founder and CEO Roman Sevastyanov announced the news

“The CEE market is full of potential, just waiting for the right investments to bring out the best in it.” Interview with Mariusz Adamski from ffVC

In 2023, ff Venture capital capped off with a series of milestones, including the successful closure of 9 new investments. Having launched two new funds, ff Tech & Gaming and ff Red & White, 2023 was a year of strategic

Finnish Boksi acquires the influencer, a German marketing agency

Helsinki-based company Boksi has announced the acquisition of the influencer, a German marketing agency. The acquisition will help to expand Boksi’s efforts to Central Europe. The amount was not disclosed. Joining forces with the influencer is a big step for us.

Polish medtech eGabinet announces changes in the board and further plans

Polish medtech startup creating software for clinic management eGabinet has announced that Karol Sadaj, a well-known executive with experience in companies such as Uber, Revolut, and Aion Bank, will join the startup’s supervisory board. The company also shared its further